Banker Leaps to His Death in Finance World’s 8th Suicide This Year

Kenneth Bellando apparently jumped to his death from this building on the East Side on March 12. Photo: Matthew McDermott
The eighth that has been reported perhaps.  Much more astute men than me are coming to the conclusion that these untimely deaths may in fact be a harbinger of what is coming in terms of economic calamity.  Are we hearing the bell toll? -W.E.

No man is an island,
Entire of itself.
Each is a piece of the continent,
A part of the main.
If a clod be washed away by the sea,
Europe is the less.
As well as if a promontory were.
As well as if a manner of thine own
Or of thine friend’s were.
Each man’s death diminishes me,
For I am involved in mankind.
Therefore, send not to know
For whom the bell tolls,
It tolls for thee.

Another man may be sick too,
And sick to death,
And this affliction may lie in his bowels,
As gold in a mine,
 And be of no use to him;
But this bell, that tells me of his affliction,
Digs out and applies that gold to me:
If by this consideration of another's danger I take mine own into contemplation,
And so secure myself,
By making my recourse to my God,
Who is our only security.

--John Donne, 1623


Banker leaps to his death in finance world’s 8th suicide this year
A 28-year old Manhattan investment banker has died in an apparent suicide, police sources said.
Kenneth Bellando, who worked at Levy Capital since January, was found dead on the sidewalk outside his East Side building on March 12 after allegedly jumping from the sixth-story roof, sources said.
Bellando, a former investment bank analyst at JPMorgan, is the son of John Bellando, chief operating officer and chief financial officer at Condé Nast. His brother, John, a top chief investment officer with JPMorgan, works on risk exposure valuations.
Several John Bellando emails were cited during testimony at the Senate Finance Committee’s inquiry into the bank’s losses during the infamous London Whale trade fiasco.
Kenneth Bellando — who grew up in Rockville Center, LI, and was a Georgetown graduate — worked as a summer analyst at JPMorgan while in school. Upon graduation in 2007, he was hired as an investment bank analyst and worked there for one year before moving on, according to his LinkedIn page.
The investment banker then went to Paragon Capital Partners, according to his LinkedIn page, until leaving at the end of 2013.
Bellando becomes the eighth suicide of a financial professional this year and the third death in as many weeks.


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